#Japan #Tokyo #Money Forward #Cloud Invoicing #Receivables Management

Money Forward Enhances Efficiency with API Integration

In a significant move to streamline business operations, Money Forward, a leading tech company in Japan, has announced the launch of its API integration between two of its cloud-based solutions: Money Forward Cloud Invoice Plus and Money Forward Cloud Receivables Management. This integration promises to enhance the overall experience by facilitating a seamless flow from invoice issuance to receivables management.

Key Features of the Integration

With this new API functionality, data from invoices generated through Money Forward Cloud Invoice Plus can now be automatically transferred to the Cloud Receivables Management system. This includes essential information such as billing date, due date, amount including tax, invoice number, and any remarks necessary for reconciliation. As a result, businesses can expect significant savings in time and effort traditionally spent on manual data input and reconciliation tasks.

One standout feature is the automated reconciliation via the system's bulk automatic clearing capability. Utilizing advanced technologies such as artificial intelligence and machine learning, this functionality allows for highly accurate matching of payments, even accommodating multiple invoices and installment payments. Additionally, the management reporting features provide real-time visualizations of the receivable status, generating reports like advance payment balance sheets and aging reports automatically.

By leveraging both the invoicing and receivables services together, businesses can now significantly enhance their workflows, from generating invoices to managing incoming payments and preparing comprehensive reports all under one roof. This not only boosts efficiency but also simplifies the overall management of accounts receivable.

Background of the Launch

Money Forward Cloud Invoice Plus has been particularly favorable among subscription-based businesses and large corporations dealing with external receivables. Users have enjoyed the synergy of combining these solutions, which have proven effective in handling billing processes. The newfound capability to integrate invoicing data means that organizations will no longer have to deal with the cumbersome process of manual data entry, allowing for a smooth operation from receivable recording to clearing.

The company aims to continue innovating by expanding its API integrations not only for the Money Forward Cloud suite but also across various back-office solutions. By enhancing the interconnectivity between their services, Money Forward is firmly committed to supporting business growth through improved back-office efficiency.

Summary of API Integration Benefits

1. Seamless Data Transfer: Upon invoice issuance, detailed information necessary for reconciliation is automatically relayed to Cloud Receivables Management.
2. Vendor Registration: As invoices are created and transferred, the vendors in Money Forward Cloud Invoice Plus will be automatically registered in the Cloud Receivables Management system, thus eliminating redundant entry.

About Money Forward Cloud Invoice Plus

Money Forward Cloud Invoice Plus is a cloud-based software that allows for the efficient creation and dispatch of estimates and invoices while facilitating payment reconciliation. It complies with current invoice regulations and the electronic bookkeeping preservation law, making it a valuable tool for back-office operations. More information can be found here.

About Money Forward Cloud Receivables Management

This cloud service is designed to automate payment reconciliation, manage advance payments, and oversee open accounts, enhancing the efficiency and sophistication of a company's receivables operations. To learn more, visit here.

About Money Forward, Inc.

Founded in May 2012, Money Forward, Inc. is headquartered in Tokyo and focuses on providing a range of platform services that aid businesses in streamlining their financial operations. For additional details, check their corporate website here.

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